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§ Private Profile · 101 Comac St, Ronkonkoma, NY 11779, USA
SoterAI is a technology company.
SoterAI provides an AI-powered platform designed for industrial businesses, offering virtual loss control to enhance workplace safety and productivity. The company's core product leverages proprietary AI features for real-time, data-driven analysis of images, videos, and text, enabling it to pinpoint safety issues and recommend actionable solutions. This technology proactively identifies risks, aiming to eliminate exposure and streamline operational workflows for its clients.
The company was founded in 2015 by Matthew Hart, Alexey Pavlenko, and Catherine Wilson. Matthew Hart, a mechanical engineer and reliability specialist, conceived the initial technology, recognizing the potential for AI to dramatically improve safety and efficiency within industrial settings. This foundational insight drove the commercialization of advanced AI solutions to address prevalent workplace hazards.
SoterAI targets industrial businesses spanning manufacturing, logistics, insurance, transportation, construction, mining, and energy sectors globally. The platform's objective is to equip these organizations with tools to significantly reduce injuries, bolster productivity, and realize substantial cost efficiencies. SoterAI envisions a future where intelligent prevention mechanisms are standard, fostering safer and more efficient industrial environments worldwide.
SoterAI has raised $12.0M across 2 funding rounds.
SoterAI has raised $12.0M in total across 2 funding rounds.
SoterAI is an AI-powered platform developed by Soter, focused on transforming workplace safety, compliance, and risk management for industrial businesses. It analyzes complex data from images, videos, reports, IoT sensors, and EHS systems to predict risks, deliver actionable insights, and automate processes like inspections and incident investigations, serving sectors including manufacturing, logistics, construction, mining, energy, insurance, and transportation.[2][3][5][6][8] The platform helps EHS leaders mitigate incidents proactively, reduce claims by up to 35%, cut administrative work in half, and ensure compliance with OSHA and global standards, with proven adoption by hundreds of global companies.[2][5][6][8]
A separate entity named Soter AI (founded 2019, Sunnyvale, CA) deploys interactive embodied AI and drones for operational management and efficiency in various sectors, currently at seed VC stage with recent Mosaic Score declines.[1] However, the primary focus here aligns with Soter's SoterAI platform, the dominant match across sources for AI-driven industrial safety solutions.[2][4][5]
Soter has emerged as a global leader in AI for industrial safety, with its SoterAI platform purpose-built from expertise in real-time data analysis to address fragmented EHS data challenges.[2][3] While exact founding details are not specified, the company's evolution centers on integrating proprietary AI for predictive risk intelligence, drawing from customer knowledge and robust datasets to span industries like manufacturing and energy.[2][4] Key innovators and environmental advocates form the team, emphasizing generative, embodied AI to prevent disasters and promote sustainability—pivotal moments include marketplace integrations like Microsoft Azure and proven impacts like automating audits and claims analysis for insurers and employers.[4][5][8]
(Early traction stems from addressing safety professionals' pain points, such as reclaiming 8+ hours weekly via AI automation, positioning SoterAI as a transformative tool amid rising industrial AI demand.)[2]
SoterAI rides the AI-for-safety wave in industrial tech, where predictive analytics meets EHS amid labor shortages, rising claims costs, and regulatory pressures—timing aligns with IoT proliferation and generative AI maturity for real-time risk foresight.[2][5][6] Market forces like OSHA mandates and insurer demands for loss control favor it, enabling digital audits in hours versus weeks and portfolio-wide benchmarking.[8] It influences the ecosystem by empowering EHS leaders as "AI-first" innovators, fostering safer operations in high-risk sectors and setting standards for embodied AI in prevention over reaction.[2][4]
SoterAI is poised for expansion through deeper enterprise integrations and industry-specific enhancements, targeting more insurers, manufacturers, and global sites amid AI safety regulations. Trends like multimodal AI and edge computing will amplify its predictive edge, potentially evolving influence via partnerships (e.g., Microsoft) and sustainability metrics. As industrial AI matures, expect scaled impact on injury reduction and compliance, solidifying its role from operational tool to ecosystem standard—building on its core strength in turning data chaos into proactive safety wins.
SoterAI has raised $12.0M across 2 funding rounds. Most recently, it raised $12.0M Series A in April 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2022 | $12M Series A | AV8 Ventures | Draper Triangle, Fusion Fund, Lead Pencil LLC, Unless, Sahin Boydas, Christian Schütz, Marcin Hejka, Startup Wise Guys, Verve Ventures | Announced |
| Apr 26, 2018 | $20K Grant | NERA | — | Announced |
SoterAI has raised $12.0M in total across 2 funding rounds.
SoterAI's investors include AV8 Ventures, Draper Triangle, Fusion Fund, Lead Pencil LLC, Unless, Sahin Boydas, Christian Schütz, Marcin Hejka, Startup Wise Guys, Verve Ventures, NERA.